Answer:
$613.04
Step-by-step explanation:
<em>Compound Interest Formula:</em>
n = number of compounds
t = time
r = interest rate
P = principle amount (original amount)
A = final amount
Since it's compounded quarterly, that means there will be 4 compounds per year, so n=4. The interest rate has to be converted to the decimal value, and this is done by simply dividing it by 100 to get r=0.06.
Plug Values into equation:
Simplify inside parenthesis
Calculate exponent
Multiply values
Round
The first thing you would do is simplify the inside of the parenthesis to 55/6 using PEMDAS. Next all you do is multiply that by 5 to get 275/6 or 45.833 (repeating) in decimal form.
Answer: c= 49/4
Step-by-step explanation:
Answer:
m= -9
Step-by-step explanation:
17 + m = 8
subtract 17 from both sides
(17-17) + m = 8-17 = -9
m= -9 check answer by replacing m with -9
17 + (-9)= 8
This is one way you could write out the steps
f(x) = -2x^2 - 5
f(2) = -2(2)^2 - 5
f(2) = -2(4) - 5
f(2) = -8 - 5
f(2) = -13